Downside Prevails
Our Pivot: 1223.65
Our Preference: Short sell below 1220.99 with strict stop loss of 1223.65 and target at 1215.41 and 1212.61.
Alternate Scenario: Upward penetration of 1223.65 will call for 1227.45.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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